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Higher tax revenues will be used to subsidize increased government spending in the coming fiscal year, Finance Minister Mohamed Maait…
Hit the road, Jack.
The dual-fuel vehicles being delivered in the pilot phase of the government’s natgas transition plan are now on the road…
Maait presents medium term fiscal targets
Egypt’s tax revenues are expected to hit EGP 862 bn in FY2020-2021, up from EGP 676.8 bn last fiscal year,…
Nationwide universal health coverage is being rolled out faster than first thought
The universal healthcare program should be fully rolled out in 10 years instead of 15, Finance Minister Mohamed Maait said…
Egypt’s primary surplus at EGP 5.2 bn in 4M2020-2021: Maait
Egypt recorded a primary surplus of EGP 5.2 bn in 4M2020-2021, down from EGP 14.7 bn, Finance Minister Mohamed Maait…
Economy to grow at 2.8-4% clip next fiscal year, Maait says
Egypt’s economy is expected to grow between 2.8-4% in FY2021-2022, Finance Minister Mohamed Maait told DMC over the weekend (watch,…
House planning committee approves harsher penalties for late tax filing
LEGISLATION WATCH- House planning committee approves harsher penalties for late tax filing: The House Planning and Budgeting Committee has approved…
Egypt to waive 100% of late fees on taxes, state dues repaid in full before waiver bill comes into effect
LEGISLATION WATCH- Cabinet expands forgiveness of late fees on taxes: The Madbouly Cabinet will drop 100% of interest payments and…
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